domains GDPR, Biting the hand that feeds you and much more – A look back at 2018

equity78 said:

Looking back on 2018 there were a lot of interesting stories. A lot of big companies picking up premium .com names, and businesses built on premium names. The Domain King left Twitter and came back to blogging. Mike Mann claimed he was the real domain king. A domain theft kept the attention of many a reader on Namepros riveted to their screens for weeks. Verisign called us all scalpers … [Read more...]

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Fantastic article

Cheers for pointing it out and good to see some prices revealed of names we knew had sold but wasn't sure of the price they sold for

platey said:

Fantastic article

Cheers for pointing it out and good to see some prices revealed of names we knew had sold but wasn't sure of the price they sold for

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I thought some of the things Rick said were interesting and maybe contradictory to other later posts.

Rick made some interesting comments in 2018,

The “Domain Industry” is a Dirty Rotten industry such as it is. And again, let me state clearly, there is no industry. There is no association that represents rank and file domainers. There are no standards of conduct.

And to be honest, the window of opportunity on this has all but closed. There is no domain industry and there never will be! Domainers are very charitable but charity starts at home. When the money was flying around we helped many causes but we never cemented or protected our own cause in an effective, meaningful and long lasting way. That window of opportunity is gone.

http://www.ricksblog.com/2018/11/the-biggest-threat-to-domain-investors-are-domainers/#.XCrbtml7m1s

In October Rick explained what a REAL domainer does and knows.

Personally I thought the most interesting thing Rick said was that he would not get into domaining if starting today.

Would I get into domaining today? Absolutely not! Can you still make money with domains? Absolutely. But when you buy a domain at least realize that the money invested is buried and it will be buried for a very long time. There is no cashier. They are not liquid. You own it and there is less than a 50/50 chance you will sell it in YOUR lifetime.

http://www.ricksblog.com/2018/09/do...-the-same-thing-about-domaining/#.XD65VWl7m1s

The last point is very true

Eg buy a good quality domain and forget about it

Too many domain name investors lose too much money trying to make a quick return on their money

I have been buying domains as an investor for 5 years and sold 2 domains for less than $10 in that time

I have let 3/4 of my portfolio expire but as I only have a limited budget and buy when I can at reg fee etc but at some point one domain name in my portfolio will sell and make my portfolio liquid and then I will add domains as and when I need to etc but I like ricks investing strategy which is like Warren buffett s buy and sit on for many years and let time which costs nothing add value to a person's investment etc